Biden adminstration finalizes rule to grant overtime for millions more salaried workers
Source: AP
Updated 5:47 PM EDT, April 23, 2024
NEW YORK (AP) The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S.
The move marks the largest expansion in federal overtime eligibility seen in decades. Starting July 1, employers will be required pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative and professional roles, the Labor Department said Tuesday. That cap will then rise to $58,656 by the start of 2025.
Too often, lower-paid salaried workers are doing the same job as their hourly counterparts but are spending more time away from their families for no additional pay. That is unacceptable, acting Secretary of Labor Julie Su said in a prepared statement. She added that the administration was following through on our promise to raise the bar.
Tuesdays news marks a significant jump from the current overtime eligibility threshold of $35,568, which was set under the Trump administration in 2019 just three years after a more generous Obama-era effort was ultimately scuttled in court after facing pushback from some business leaders and Republican politicians.
Read more: https://apnews.com/article/overtime-eligibility-salaried-workers-biden-4bf790961d287794201f13b903fa9119
U.S. Department of Labor NEWS RELEASE - Biden-Harris administration finalizes rule to increase compensation thresholds for overtime eligibility, expanding protections for millions of workers
Think. Again.
(8,392 posts)LaMouffette
(2,039 posts)sure nursing homes have sufficient staff, Biden is currently racing to enact rules to make sure environmental protections are not destroyed should "Individual 1" get back into the White House, and has furthermore accomplished a mile-long list of other amazing achievements, and now THIS?!
How can anyone not see that Biden is the best president of our lifetime (okay, a tie for First Place with President Obama)?
Thank you for everything, President Biden and Vice President Harris!
AZLD4Candidate
(5,753 posts)extended periods of time. I was OTR for three years in my 20s and many shippers would wait hours to load or unload me. Those wheels don't turn, I didn't get paid.